STMicroelectronics Statistics By Net Income And Revenue

Introduction

STMicroelectronics Statistics: STMicroelectronics is a French Italian corporation headquartered in Plan-les-Ouates, Switzerland. It is the largest European semiconductor and manufacturing company. The company was formed due to the merger between two government-owned semiconductor companies, Thomson Semiconductor in France and SGS Microelettronica in Italy. The company is focused on creating a difference in the semiconductor industry.

By going through the STMicroelectronics Statistics, one can learn about the critical aspects of this semiconductor company and how it is faring. Furthermore, it would be helpful to know about the future of this company.

Editor’s Choice

• STMicroelectronics’ net income grew from $0.17 billion in 2016 to $4.21 billion in 2023
• Asia Pacific leads revenue share with 56%, followed by EMEA (28%) and Americas (16%) in 2023
• Company revenue increased from $6.97 billion in 2016 to $17.29 billion in 2023
• USA dominates the semiconductor market with a 48% share, followed by South Korea at 19%
• Smartphone segment expected to reach $146 billion in revenue by 2025
• Automotive and Discrete Group generated $7.85 billion in revenue in 2023
• Silicon Carbide products contributed $1.2 billion to revenue in 2023
• Microcontrollers and Digital ICs Group generated $5.43 billion in 2023
• Analog, MEMS, and Sensors Group reached $3.99 billion in revenue in 2023
• The company projected 6.9% revenue growth from 2023 to 2024
• Rad-Hard ICs segment projected 8.7% growth in 2024
• The automotive sector accounts for 48.7% of total company revenue in 2023
• The company maintained consistent worldwide revenue of around $9.5 billion from 2007 to 2019
• Microcontrollers segment contributed 33.6% of total revenue in 2023
• SiC product line expected to reach $1.5 billion in 2024

STM Electronics Net Income

(Reference: statista.com)

• STMicroelectronics Statistics show that the company’s net income has increased consistently over time.
• In 2016, the company’s net income was $0.17 billion, which increased to $4.21 billion by the end of 2023.

STM Electronics Revenue Share By Shipment

(Reference: statista.com)

• STMicroelectronics Statistics show that the regions where revenue is generated can be categorized into the following areas: Asia Pacific, EMEA, and Americas.
• As of 2023, STM Electronic has sales worldwide share in the following manner: Asia Pacific with 56% market share, EMEA with 28% market share, and Americas with 16% market share.

STM Electronics Revenue

(Reference: statista.com)

• STMicroelectronics Statistics show that the company’s revenue has increased consistently.
• In 2016, the revenue was $6.97 billion; it increased to $17.29 billion by the end of 2023.

Semiconductor Market Revenue By Region

(Reference: statista.com)

• The STMicroelectronics Statistics show that the semiconductor industry market can be classified into four regions: the USA, South Korea, Japan, the EU, Taiwan, China, and the remaining areas.
• The United States consistently has the highest market share. As of 2022, the semiconductor market revenue of the United States was 48%, followed by South Korea with 19%, Japan with 9%, the European Union with 9%, Taiwan with 8%, and China with 7%.

Semiconductor Market Revenue By Category

(Reference: statista.com)

• STMicroelectronics Statistics show the semiconductor market can be divided into the following categories: Servers, data centers and storage, Automotive, Industrial electronics, Personal computing, Wired and wireless infrastructure, Smartphone, and Consumer electronics.
• Smartphones will remain essential until 2023 by contributing $104 billion in revenue.
• By the end of 2025, smartphones are expected to have a market revenue of $146 billion, followed by Personal computing with $107 billion, Consumer electronics with $74 billion, Automotive at $104 billion, Industrial electronics with $94 billion, Wired and wireless infrastructure with $60 billion, Servers, data centers, and storage with $136 billion revenue.

STM Revenue By-Products

(Reference: statista.com)

• STMicroelectronics Statistics show that the Automotive and Discrete Group, Analog, MEMS and Sensors Group, Microcontrollers, and Digital ICs Group are different products provided by STMicroelectronics.
• As of 2023, the revenue generated by the company is as follows: Automotive and Discrete Group with $7.85 billion revenue, Microcontrollers and Digital ICs Group with $5.43 billion revenue, Analog, MEMS and Sensors Group with $3.99 billion revenue.

STM Electronics Revenue

(Reference: statista.com)

• STMicroelectronics Statistics show that the company's revenue has increased consistently.
• In 2016, the revenue of STM electronics was $6.97 billion, which increased to $17.29 billion by the end of 2023.

STM Electronics Revenue Worldwide

(Reference: statista.com)

• STMicroelectronics Statistics show that the company's revenue worldwide has been consistent over time.
• In 2007, the revenue was $9.97 billion, while in 2019, the revenue was $9.45 billion.

List of STM Products

A/D - D/A converters:

• Isolated ADCs
• Metering ICs

Demodulators and Tuners:

• Satellite Demodulators

Sensors:

• Accelerometers
• Automotive Sensors
• Biosensors
• e-Compasses
• Gyroscopes
• NEMO-Inertial Modules
• Infrared (IR) Sensors
• MEMS Microphones
• Pressure Sensors
• Proximity Sensors
• Temperature Sensors
• Ambient Light Sensors
• CMOS Image Sensors
• Time-of-Flight sensors

Secure NFC:

• ST25 NFC/RFID tags and readers
• ST25 dynamic NFC tags
• ST25 NFC / RFID tags
• ST25 NFC readers

GNSS:

• GNSS ICs
• GNSS Modules

Motor Drivers:

• Brushed DC Motor Drivers
• Brushless DC Motor Drivers
• Gate Drivers
• Stepper Motor Drivers

Modules:

• STPOWER ACEPACK modules
  • ACEPACK 1 and 2
  • ACEPACK DMD, SMR6
• STPOWER SLLIMM intelligent modules
  • SLLIMM 2nd, 3rd, and nano
  • Low to high-power variants

IGBTs:

• STPOWER IGBTs

Power MOSFETs:

• STPOWER Super-junction MOSFETs (600 V, 650 V, 800 V)
• STPOWER Trench MOSFETs (30 V to 300 V)

Wide Bandgap Transistors:

• Silicon Carbide Transistors (SiC MOSFETs)

Long range:

• 6LoWPAN Products
• KNX-RF Products
• LoRaWAN Products
• NB-IoT Products
• Proprietary Sub-1 GHz Products
• Sigfox Products
• Wireless M-BUS Products
• Wi-Sun Products

RF front-end:

• Baluns
• Filters

RF solutions:

• RF PLL Synthesizers

Short range:

• 60 GHz Contactless Products
• Amazon Sidewalk Products
• Bluetooth Low Energy Application Processors
• Bluetooth Low Energy Network Co-processors
• Matter Products
• Thread Products
• Ultra Wideband Products
• ZigBee Products

AC switches:

• Logic-level gate ACS series
• Overvoltage protected ACST series

Thyristors (SCR):

• High-temperature Thyristors (SCR)
• Logic-level gate Thyristors (SCR)
• Standard Thyristors (SCR)

Thyristors application-specific devices:

• Application specific ignitors

Triacs:

• Automatic voltage switches
• Discs
• High-temperature Triacs
• Standard and Snubberless Triacs

LEO Rad-Hard ICs

Rad-hard analog ICs:

• Rad-Hard Data Converters
• Rad-Hard Operational Amplifiers and Comparators
• Rad-Hard Voltage References

Rad-Hard ASIC Platforms

Rad-hard discrete:

• Rad-Hard Bipolar Transistors
• Rad-Hard Diodes and Rectifiers
• Rad-Hard Power MOSFETs

Rad-hard interfaces:

• Rad-Hard Bus Buffers
• Rad-Hard Level Shifters
• Rad-Hard LVDS

Rad-Hard Logic ICs:

• Rad-Hard 54 AC/ACT Series
• Rad-Hard 54HC/HCT Series
• Rad-Hard 54VCX Series
• Rad-Hard CMOS 4000B Series
• Rad-Hard Fast Logic

Rad-hard power management:

• Rad-Hard Current Limiter
• Rad-Hard Gate Drivers
• Rad-Hard Linear Voltage Regulators
• Rad-Hard PWM Controllers

Audio IC Software

Automotive Infotainment and Telematic Software

Clocks and Timers Software

Evaluation Tool Software

Imaging Software

MCU and MPU embedded software:

• Legacy MCUs Embedded Software
• SPC5 Embedded Software
• STM32 Embedded Software
• STM8 Embedded Software

MEMS and sensors software:

• Drivers for MEMS
• Libraries for MEMS and Sensors
• MEMS

Motor Control IC Software

Open. RF

Secure MCU Software

ST25 - NFC / RFID Software

Wireless Charging Software

Wireless Connectivity Software

STMicroelectronics Overview

STMicroelectronics, a global leader in semiconductor solutions, has been influential in various markets, from automotive to industrial and consumer electronics. As we delve into the STMicroelectronics Statistics for 2023 and 2024, the company’s performance and trends reveal several important insights across these sectors.

#1. Revenue Performance in 2023 and 2024

In 2023, STMicroelectronics reported US $16.13 billion in revenue, showcasing a steady increase from the prior year’s US $14.35 billion, representing an overall growth of 12.4%. The growth trajectory continued into 2024, with an anticipated revenue figure of US $17.25 billion, representing a 6.9% increase from the 2023 performance. This rise in revenue is primarily attributed to their increased focus on emerging technologies, particularly in the automotive sector and sensor-related products, which saw a surge in demand.

#2. Key Business Segments in 2023 and 2024

The company’s core business segments remain pivotal to its growth. The Automotive and Discrete Group emerged as the highest revenue generator in 2023, contributing US $7.85 billion. This sector continued its dominance in 2024, projecting US $8.45 billion in revenue. The demand for advanced driver-assistance systems (ADAS), electric vehicle (EV) power solutions, and autonomous driving systems have fueled this growth.

The Microcontrollers and Digital ICs Group, which contributed US $5.43 billion in 2023, also witnessed growth. By 2024, this segment’s revenue was expected to reach US $5.75 billion, marking a 5.9% increase. Microcontrollers contributed significantly to this rise, especially in smart appliances, industrial automation, and IoT applications.

The Analog, MEMS, and Sensors Group recorded US $3.99 billion in 2023. For 2024, this segment's revenue is forecasted to rise to US $4.2 billion, representing an increase of 5.3%. Products such as gyroscopes, accelerometers, and pressure sensors used in smartphones and industrial devices significantly drove this growth.

#3. Regional Revenue Distribution

The STMicroelectronics Statistics indicate that Asia-Pacific is the company’s largest market, contributing 56% of the total revenue in 2023. This region has been crucial due to the high demand for semiconductors in China, Taiwan, and South Korea, especially within the consumer electronics and automotive industries. EMEA (Europe, Middle East, and Africa) followed with 28%, while the Americas accounted for 16%.

In 2024, the company maintained a similar distribution, with Asia-Pacific continuing to contribute around 55%, while EMEA and the Americas represented 29% and 16%, respectively. The consistent demand for semiconductor products in these regions solidified STMicroelectronics' market position globally.

#4. Strategic Focus Areas and Product Lines

One of the most notable trends in STMicroelectronics Statistics for 2023 and 2024 is the company’s strategic shift toward wide bandgap semiconductors, particularly Silicon Carbide (SiC) products. SiC components are widely used in electric vehicle powertrains and industrial power solutions. In 2023, the SiC product line alone contributed US $1.2 billion to the company’s overall revenue, and this figure is expected to rise to US $1.5 billion in 2024.

Additionally, the company has heavily invested in rad-hard (radiation-hardened) solutions for space and defense applications. In 2023, the LEO (Low Earth Orbit) Rad-Hard ICs generated significant interest, particularly with increasing investments in space technology. This segment is projected to experience 8.7% growth in 2024 as the demand for space-based communication systems and satellite technologies continues to rise.

#5. Automotive and Discrete Group Performance

The Automotive and Discrete Group has become the crown jewel of STMicroelectronics’ portfolio. With the automotive industry transforming electric and autonomous vehicles, STMicroelectronics has positioned itself as a critical supplier of chips for power management, motor drivers, and ADAS systems. In 2023, the group accounted for 48.7% of the company’s total revenue. For 2024, this segment is expected to grow to 49.2%, signaling the importance of the automotive market to the company’s overall performance.

The introduction of STPOWER IGBTs and MOSFETs for electric vehicles has been one of the driving factors behind this growth. These components are vital in electric vehicle energy management systems and powertrain solutions. In 2024, STMicroelectronics is expected to further capitalize on the increasing global demand for EVs, especially in Europe and North America.

#6. Microcontrollers and Digital ICs Group

The Microcontrollers and Digital ICs Group, although smaller than the automotive segment, remains an integral part of the company’s growth strategy. Microcontrollers, used in various applications like IoT devices, wearables, and smart home solutions, have seen sustained demand. In 2023, this group contributed 33.6% of total revenue, and this percentage is expected to hold steady through 2024, contributing 33.3%. The group's growth has been driven by STMicroelectronics’ ability to innovate in low-power MCUs, which are essential for battery-operated devices.

#7. Key Takeaways from STMicroelectronics Statistics

The STMicroelectronics Statistics for 2023 and 2024 underscore the company’s strong market position across multiple industries. The continued growth in revenue, driven by strategic investments in automotive, sensor, and space technologies, positions the company as a leader in the semiconductor industry. With an expected revenue of US $17.25 billion in 2024 and a diverse product portfolio, STMicroelectronics shows no signs of slowing down. The automotive sector remains the most dominant revenue generator, followed closely by the microcontroller and sensor segments. The company’s regional presence, particularly in Asia-Pacific, further strengthens its global leadership.

STMicroelectronics’ focus on innovation and meeting the evolving needs of high-growth sectors ensures it will remain competitive and expand its market share across the semiconductor landscape in 2024 and beyond.

Conclusion

STMicroelectronics has demonstrated remarkable growth and resilience in the semiconductor industry, as evidenced by its impressive financial performance and market expansion. STMicroelectronics Statistics showcases the company's strategic focus on key sectors, particularly automotive and digital solutions, which has driven its success, with revenue growing from $6.97 billion in 2016 to $17.29 billion in 2023.

Its strong presence across global markets, particularly in Asia Pacific with a 56% market share, showcases its international reach and market penetration. The company's strong performance in the automotive sector, coupled with its innovative approach to product, suggests a promising trajectory for continued success.

Maitrayee Dey

Maitrayee Dey has a background in Electrical Engineering and has worked in various technical roles before transitioning to writing. Specializing in technology and Artificial Intelligence, she has served as an Academic Research Analyst and Freelance Writer, particularly focusing on education and healthcare in Australia. Maitrayee's lifelong passions for writing and painting led her to pursue a full-time writing career. She is also the creator of a cooking YouTube channel, where she shares her culinary adventures. At Smartphone Thoughts, Maitrayee brings her expertise in technology to provide in-depth smartphone reviews and app-related statistics, making complex topics easy to understand for all readers.

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